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Bunkyodo Group Holdings Co Ltd (9978.T)

9978.T on Tokyo Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Bunkyodo Group Holdings lowers consolidated full-year outlook for FY 2016
Tuesday, 12 Apr 2016 02:30am EDT 

Bunkyodo Group Holdings Co Ltd:Says the company lowered the consolidated full-year outlook for revenue to 16,415 mln yen from 16,900 mln yen for the fiscal year ended Feb. 29, 2016.Sees a decrease of operating profit forecast to 14 mln yen from 50 mln yen.Sees a decrease of ordinary profit forecast to 20 mln yen from 55 mln yen.Sees a decrease of net profit forecast to 36 mln yen from 55 mln yen.Sees a decrease of earnings per share to 2.43 yen from 3.75 yen.Comments the decreased sale volume of books and magazines as the main reason for the forecast.  Full Article

Bunkyodo Group Holdings lowers consolidated full-year outlook for FY 2015
Wednesday, 14 Oct 2015 03:45am EDT 

Bunkyodo Group Holdings Co Ltd:Says the company lowered the consolidated full-year outlook for revenue to 33,335 mln yen from 33,900 mln yen for the fiscal year ended Aug. 31, 2015.Sees a decrease of operating profit forecast to a loss of 399 mln yen from 100 mln yen.Sees a decrease of ordinary profit forecast to a loss of 386 mln yen from 120 mln yen.Sees a decrease of net profit forecast to a loss of 553 mln yen from 30 mln yen.Sees a decrease of earnings per share to a loss of 40.03 yen from 1.75 yen.Comments the decreased sales in core business and extraordinary loss are the main reasons for the forecast.  Full Article